Senior Manager/Chief Manager - Business Planning - Actuarial

Our client is a leading life insurance client based at Mumbai.
Role: Senior Manager/ChiefManager - Business Planning - Actuarial.Key Tasks/Responsibilities: Role will include effectively managing various requirements within Business Planning Team.Business Planning:- Projecting cashflows yearly for Board plan along with various matrix for profit.- Business Planning based on IFRS17 valuation.- Track actual vs expected on monthly basis, along with in depth analysis of variance at LOB/product level.- Coordinating with EV, Valuation, Pricing, ERM & Finance Team on the inputs and results of the Business Plan.- Create logical checks ensuring the numbers generated are credible/explaining movement/reconciling with other reporting.Board Reporting:- Product performance note.- Preparation of the annual FCR report.- Requirements on quarterly basis.Expense Experience analysis:- Understanding the process of expense allocation (non-commission) and accordingly monitoring expense experience on monthly basis.- Ensure relevant checks & enhancement are built within process.- In addition to above, Expense experience is also being calculated on USGAAP/IFRS17 basis.Others:- Review of Inputs for Hedge programme on monthly basis.- Executing Strategies for efficient business mix and increasing profitability.- Ad hoc requirements for calculation of impact on profit/solvency.Other Responsibilities:- Ensure model used is accurate and identify appropriate enhancements required in the model.- Review of the files/calculations/techniques used for Board Plan activity.- Ensure clear documentation of the process is maintained along with audit trials of various communications/sign-off.Education/Experience:- Partly Qualified Actuary with 2+ years of experience in Actuarial Domain.- At least cleared 7 actuarial papers(as per old curriculum)- Good understanding of cash flows of Life Insurance products. Experience in - Business Planning and Strategy will be added advantage.- Role will involve data analysis using SQL so relevant experience for coding/programming would be welcomed.- Being able to decode Prophet and DCS codes.